A federal appeals court has upheld a lower court’s ruling in favor of an insurance company in a breach of contract suit brought by a Houston-based oil and gas exploration and production company. The dispute in Saratoga Resources Inc. v. …
Jackson County in Mississippi is getting a multimillion-dollar boost from the federal government to help erase the effects of Hurricane Isaac last year. The Sun Herald reports that the county will receive $10 million from the Federal Emergency Management Agency …
Although not nearly on the scale of Hurricanes Katrina and Rita in 2005, Hurricane Isaac caused a surprising amount of damage in Louisiana despite the fact that it was only a category 1 hurricane, the weakest category by which the …
Louisiana Citizens Property Insurance Corp. reported it has received 17,059 claims from Hurricane Isaac. Ninety-seven percent of those claims have been inspected by company adjusters and 85 percent have been settled. Loss payments through the second week of October totaled …
Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney said. Chaney said that as of Sept. 19, Mississippi’s 21 largest insurers had received 9,400 claims and …
Florida Gov. Rick Scott is appealing the federal government’s decision to deny additional aid for damage caused by Hurricane Isaac last month. Scott is also asking for more aid than originally requested. On Sept. 19, the Federal Emergency Management Agency …
U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion, excluding rainfall driven flood losses and all National Flood Insurance Program losses, estimates catastrophe modeler Risk Management Solutions (RMS). This …
